Maruti hikes prices by up to Rs 9,000, keeps S-Cross rate same

Country's largest carmaker Maruti Suzuki India has hiked prices of all its products by up to Rs 9,000, except that of newly launched premium crossover S-Cross, citing changes in dealer margin.

The average hike in the ex-showroom prices, with effect from August 11, across <g data-gr-id="23">models</g> ranges from Rs 3,000 to Rs 9,000, a Maruti Suzuki India (MSI) spokesperson said. The price revision is on account of changes in dealer margin and a minor calibration in prices, the spokesperson added.

The company, which has a share of over 45 per cent in the domestic market in the passenger vehicle segment, currently sells a range a vehicles starting from entry-level car Alto 800 to premium crossover S-Cross, priced between Rs 2.52 lakh to Rs 13.74 lakh (ex-showroom Delhi). The auto major, however, said that the prices of S-Cross, launched earlier this month, would remain unchanged.

MSI in January this year increased prices by up to Rs 31,600 to adjust <g data-gr-id="21">impact</g> of <g data-gr-id="22">hike</g> in excise duty. Before that, the company had hiked prices by up to Rs 10,000 in October 2013 mainly due to <g data-gr-id="20">depreciation</g> of rupee.

Rival Hyundai Motor India has already announced a hike across all models, excluding that of sports utility vehicle Creta, by up to Rs 30,000 from this month in view of rising input costs.